Dec 4, 2025
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Ethereum Price Surges Post-Fusaka Upgrade, Holds Above $3,000
Ethereum price exceeded $3,000 on Dec. 4 following the successful Fusaka upgrade.
- Vitalik Buterin announced PeerDAS in Fusaka allows block consensus without a single node seeing most data, resistant to 51% attacks.
- Sharding, a long-term goal since 2015, was achieved with Fusaka, though limitations like transaction throughput on Layer-2 networks and proposer–builder bottleneck remain.
- Next two years aim to refine PeerDAS, expand Layer-2 throughput, and scale Ethereum L1 gas with matured ZK-EVMs.
- The announcement spurred a 3% spot price rise; derivatives showed cautious speculative trader sentiment.
- Trading volume rose 6.68% to $83.70 billion, but open interest only increased by 1.30%, signaling reluctance among traders to follow the rally.
- The long/short ratio indicates traders are preparing for a potential early pullback despite the technical breakthrough.
Ethereum Price Forecast
- ETH consolidates at $3,100 with support at $2,880–$2,950, showing improved spot participation.
- A break above $3,080 could target $3,160, with further momentum possibly reaching $3,240.
- RSI indicates room for appreciation, and profitability trends are supportive without nearing a mass-distribution risk.
- If ETH maintains momentum, it might retest $3,160; however, high short participation and weak macro sentiment could hinder this.
Bitcoin Hyper Presale
- Bitcoin Hyper presale exceeds $28 million as traders show interest amidst Ethereum's rebound.
- HYPER offers staking rewards up to 40% and promises fast, low-cost transactions for payments and dApps.